make a paragraph. Assets = Liabilities + Owner's Equity. Relationship between Economic Resources and Claims to Economic Resources: Economic Resources refer to assets owned by a business, such as cash, inventory, and equipment. These are things of value that provide future benefits. Claims to Economic Resources are the rights or claims that different parties have on the company's assets. There are two types of claims: Liabilities (claims by creditors) and Owner's Equity (claims by the owner or shareholders)